EY Cross-Border Taxation Spotlight for Week ending 11 June 2021

A review of the week's major US international tax-related news. In this edition: Bipartisan US Senate group proposes $1.2 trillion infrastructure package – G7 Finance Ministers express strong support for ongoing work on OECD BEPS 2.0 project – Biden Administration's proposed 15% minimum tax on book earnings could include public disclosure of book-tax differences – IRS announces deferral of applicability date of BEAT qualified derivative payment reporting – Treasury discusses information reporting proposals regarding virtual currencies.